From: Duncan Frissell <frissell@panix.com>
Date: Mon, 12 Aug 1996 22:06:46 +0800
To: Vincent Cate <cypherpunks@toad.com
Subject: Re: Rumors of death of Anguilla Data are greatly exagerated.
Message-ID: <2.2.32.19960812101556.00a54ec4@panix.com>
MIME-Version: 1.0
Content-Type: text/plain


At 01:37 PM 8/11/96 -0400, Vincent Cate wrote:

>If the laws of a country say it is fraud to open a bank account with 
>a fake passport, then encouraging someone to do so is encouraging
>fraud.  Check with your lawyer and see if you can open up a bank
>account with a fake passport.  

My lawyer says that at common law you can use any name to open an account as
long as there is no intent to defraud.  Since I am giving the bank money and
not vice-versa, it can't be common law fraud.  I'm lending to them.  They
aren't lending to me.  It *is* illegal in the US for the bank to open an
account for me without some ID checks, but it is not *my* problem and it is
not fraud.

DCF